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Stanford is actually a real estate play disguised as a school and research institution. References: https://www.kqed.org/news/11781771/how-stanford-became-the
by metadat 3y ago
Stanford is actually a real estate play disguised as a school and research institution.
References:
https://www.kqed.org/news/11781771/how-stanford-became-the-largest-landowner-in-silicon-valley https://www.kqed.org/news/11781771/how-stanford-became-the-l...
https://revealnews.org/article/the-stanford-empire/ https://revealnews.org/article/the-stanford-empire/
- iancmceachern 3y agoSo is NYU
- washadjeffmad 3y agoDuring the pandemic when our universities were rumbling about furloughing staff, the governor told them they had to divest themselves of excess property holdings first. After that, there was no furlough, and no properties were sold. However, almost universally, the boards that proposed the furloughs all took PPP loans for themselves.